To: Toddsterpatriot
NEW YORK (CNN/Money) – There was a record number of delinquent credit-card accounts reported in the second quarter, according to data released Wednesday from the American Bankers Association. The ABA found that the 4.81 percent of credit-card accounts had payments that were past due by 30 days or more between April and June, up from 4.76 percent in the first quarter. The ABA first started tracking delinquencies in 1973. Yes, looks like we are doing great by the numbers
43 posted on
03/19/2006 6:53:08 AM PST by
MrPiper
To: MrPiper
Yes, looks like we are doing great by the numbers You're right, the default rate is much lower in China. They must have a better economy than us.
45 posted on
03/19/2006 6:54:24 AM PST by
Toddsterpatriot
(Why are protectionists so bad at math?)
To: MrPiper
Are you suggesting that more centralized control over our economy will prevent credit-card delinquencies?
64 posted on
03/19/2006 7:15:15 AM PST by
1rudeboy
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